Housing Wire

JULY 29, 2022

With the completion of this eighth CAS transaction of 2022, Fannie Mae will have brought a total of 52 CAS deals to market since the program was started in 2013 , issued some $58 billion in notes, and transferred a portion of the credit risk to private investors on over $1.9

Insurance 328

Insurance Investors Mortgage Design 328

Appraisal Buzz

NOVEMBER 15, 2024

Responsible for market analysis, strategic planning, and sales process development reporting directly to the CRO and CEO. His role blends his unique skillset set of tactical marketing execution with sales expertise and the ability to drive hyper-growth for companies in the outsourcing space.

Clients 367

Clients Technology Business Mortgage 367

Housing Wire

MARCH 27, 2023

Fannie Mae announced on Monday that it has executed two new Credit Insurance Risk Transfer (CIRT) deals: CIRT 2023-2 and CIRT 2023-3. The deals, which include over $31 billion in single-family mortgage loans, are designed to reduce risk to taxpayers by increasing the role of private capital in the mortgage market.

Insurance 309

Insurance Design Mortgage Marketing 309

Housing Wire

AUGUST 6, 2021

The company, one of the “Big Four” title insurers, agreed to pay a $1.185 million penalty after California state regulators alleged that a marketing representative provided agents illegal perks such as video marketing and drone footage of listings with placement on social media sites, and bus caravans to promote listings.

Agents 459

Agents Real Estate Agent Insurance Real Estate 459

Housing Wire

FEBRUARY 3, 2022

The Decision Tree That Is The MBS Market. This white paper will discuss the MBS market and how lenders can use big data to compare loan prepayment performance. Freddie Mac’s CRT program was founded with its issuance of the first STACR notes in July 2013. It was introduced in November 2013. Presented by: Refinitiv.

Insurance 363

Insurance Investors Government Mortgage 363

Housing Wire

JULY 22, 2022

Fannie Mae has executed two new Credit Insurance Risk Transfer (CIRT) deals — the seventh and eighth of 2022 — dubbed CIRT 2022-7 and CIRT 2022-8. The two transactions convey a combined $1 billion in mortgage credit risk to private insurers and re-insurers as part of the agency’s ongoing effort to share risk with the private sector.

Insurance 348

Insurance Mortgage Design Marketing 348

Housing Wire

AUGUST 10, 2023

RE/MAX was probably the most radical low-cost ‘disruptor’ this market has ever seen. Some may also charge other fees for such things as Errors & Omissions insurance, desk rental, technology, etc. By transactions last year, flat-fee firms did 12% of the closed business of the top 100, compared to 5% back in 2013.

Real Estate 341

Real Estate Brokerage Realty Advertising 341

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 305

Insurance Investors Design Finance 305

Housing Wire

MAY 10, 2022

In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks.

Mortgage 408

Mortgage Marketing Finance Insurance 408

Housing Wire

MARCH 30, 2021

The Housing Policy Council sent a letter to the Consumer Financial Protection Bureau on Tuesday expressing its opposition to delaying the implementation of the Final QM Rule and expiration of the 2013 QM Rule, set to take effect on July 1, 2021. 1, 2022 and opened up a comment period.

Mortgage 428

Mortgage Insurance Lending Marketing 428

Housing Wire

AUGUST 31, 2022

The offering totals were across the agency’s flagship Structured Agency Credit Risk (STACR) and Agency Credit Insurance Structure (ACIS) programs, along with other risk-sharing transactions. Through the A CIS transactions, a portion of the credit risk on mortgages backed by Fannie and Freddie is shifted to insurers in the private sector.

Insurance 370

Insurance Investors Mortgage Design 370

Housing Wire

MAY 17, 2021

Although markets experienced a significant liquidity disruption in March 2020, questions remain about the strength of CRTs under stress. Freddie Mac implemented the CRT structure in 2013 to reduce the taxpayer’s exposure to its mortgage risks, shifting the risk of credit losses on the mortgages they insure onto investors.

Investors 341

Investors Insurance Mortgage Finance 341

Housing Wire

JANUARY 11, 2022

Fannie Mae opened 2022 with its 45 th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013. In October, the agency made a $1.2

Investors 382

Investors Valuation Government Mortgage 382

Housing Wire

APRIL 8, 2022

To take full advantage of the current market conditions, lenders and servicers must obsess over customer service. The bureau alleged that Ocwen botched “basic functions like sending accurate monthly statements, properly crediting payments and handling taxes and insurance.”. The CFPB did not immediately respond to a request for comment.

Law 387

Law Insurance Mortgage Marketing 387

Housing Wire

MAY 13, 2024

Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish the VantageScore 4.0 The VantageScore dataset that is scheduled to be made available includes information going back to 2013, which is not far enough, the groups assert.

Legal 389

Legal Mortgage Contracts Insurance 389

Housing Wire

JUNE 7, 2022

Freddie Mac considers, among other things, the macroeconomic environment, overall CRT market condition and Freddie Mac risk management objectives.”. billion via five STACR and three Agency Credit Insurance Structure (ACIS) CRT deals. Eastern Standard Time on Monday, June 13. billion in risk from reference pools valued at $300.9

Investors 354

Investors Insurance Mortgage Marketing 354

Appraisal Buzz

JUNE 27, 2024

Still, Vice Chair, Pulte Financial Services Still is the current Vice Chair of Pulte Financial Services, which includes Pulte Mortgage LLC, PGP Title, and PCIC Insurance and employs more than 800 individuals nationwide. Still has testified before Congress multiple times. Still is presently Chair of MBA’s Opens Doors Foundation.

Development 395

Development Finance Tenants Lending 395

Housing Wire

JULY 5, 2024

This, combined with Bryant’s desire to stay out of title insurance, led him to medical device sales and eventually to Gartner , a technology consulting company. But in 2013, Bryant’s father called and asked him to join the family business. BH: Stewart has been focused on growing market share. But title is a local business.

Agents 408

Agents Business Clients Insurance 408

Housing Wire

MARCH 21, 2022

“It should be noted that while the acceptability of a property value or sales price based on the use of proprietary models and market data is assessed, it does so without Fannie Me Mae having performed a property review or having obtained a valuation of the property.”. million of credit risk to a group of 22 private insurers and reinsurers.

Investors 359

Investors Insurance Valuation Mortgage 359

Housing Wire

MAY 16, 2024

The subsequent housing market crash sharply reduced that number to an average of about 50,000 originations per year from the late 2010s through 2020. In its executive summary, the report found that the HECM program grew “substantially” during the 2000s and reached its height of 114,000 originations in 2009.

Development 358

Development Appraisal Property Appraisal Insurance 358

Housing Wire

DECEMBER 24, 2020

The SPAC route got Porch onto the public market a full year earlier than would have been possible through a traditional IPO, said Matt Ehrichman, Porch’s CEO. ” Porch, founded in 2013, has had challenges on its journey to becoming a public company. . They’ll also focus on the home insurance industry.

Inspection 355

Inspection Insurance Finance Valuation 355

Housing Wire

APRIL 5, 2021

In its most recent annual report to Congress, November 2020, the Federal Housing Administration ( FHA ) published its “capital ratio,” a measure of capital reserves to insurance-in-force held within the Mutual Mortgage Insurance Fund (MMI Fund). Treasury in 2013. billion — possibly the highest ever recorded and just $15.6

Insurance 247

Insurance Housing Market Mortgage Government 247

Appraisal Buzz

JUNE 14, 2024

As homeowners and renters nationwide continue to struggle with high housing costs, on the for-sale side, millions of potential homebuyers have been priced out of the market by high home prices and interest rates, while the number of renters with cost burdens has hit an all-time high.

Development 221

Development Government Project Management Design 221

Housing Wire

APRIL 8, 2022

It should be noted that while the ACE program assesses the acceptability of a property value or sales price based on the use of proprietary models and market data, it does so without Freddie Mac having performed a property review or having obtained a valuation of the property,” the KBRA report states. “As

Valuation 360

Valuation Investors Mortgage Insurance 360

Housing Wire

OCTOBER 28, 2021

Just a few years ago, we were talking about shrinking the GSEs’ footprint, giving GSE charters to vertically integrated Wall Street banks, and giving these same Wall Street banks access to the GSEs’ Common Securitization Platform, which would have enabled them to dominate mortgage markets. Broader market considerations also come into play.

Mortgage 385

Mortgage Contracts Insurance Realtors 385

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. 602 spot and the title of top-ranked team was North Syracuse, New York-based, The Tarry Team , which was founded in 2013 by Thomas Tarry. Several real estate teams also made the Inc.

Real Estate 368

Real Estate Brokerage Realty Real Estate Agent 368

Appraisal Buzz

JULY 17, 2024

Meanwhile, several looming threats could potentially pull out the cushion completely, including rising “hidden” homeownership costs of insurance and property taxes in many markets, rising delinquency rates for consumer debt such as credit cards and auto loans, and falling values and rising defaults in segments of the commercial real estate market.

Appraisal 221

Appraisal Property Taxes Reconsideration of Value Modernization 221

Housing Wire

SEPTEMBER 8, 2020

as of close of market on Friday, Sept. Thomas O’Brien, former CEO and president at Insurance Auto Auctions Pam Patenaude, former deputy secretary of HUD and co-founder of the J. It’s unclear which way stockholders will vote. CoreLogic’s stock took off on the news of the takeover bid, jumping 25% to $66.33 on June 26, and was at $66.37

Investing 323

Investing Investors Government Insurance 323

Appraisal Buzz

AUGUST 19, 2024

Central, was developed for those dealing with distressed assets, and will dissect the current landscape of the market. The Five Star Conference is pleased to welcome Daren Blomquist , VP of Market Economics for Auction.com; and Molly Boesel , Principal Economist for CoreLogic as speakers for this discussion.

Real Estate 221

Real Estate Legal Development Investors 221

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. Many of us are in sellers’ markets with very low inventory.

Real Estate 383

Real Estate Open Houses Brokerage Real Estate Agent 383

Housing Wire

JANUARY 25, 2023

Market speculation that Wells Fargo is contemplating a huge bulk sale of mortgage servicing rights (MSRs) may well be a case of a rumor that is all hat and no cattle. Or it could signal a future MSR-market stampede. To date, no Wells Fargo bulk MSR public offering has surfaced, market observers say. of the entire $8.4

Buyers 348

Buyers Investing Mortgage Marketing 348

Housing Wire

OCTOBER 24, 2024

We love Wise Pelican for full-color, two-sided postcards and other print marketing materials designed specifically for real estate agents. Agent referrals can come from within your market area, too. These groups, like BNI, consist of one person per industry — one real estate agent, one lender, one insurance agent, etc.

Real Estate 348

Real Estate Real Estate Agent Agents Clients 348

Appraisal Today

OCTOBER 14, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Reviews and Revisions, AMC layoffs, real estate market, unusual homes, mortgage origination stats, etc. ==. Utah’s Largest Home Hits the Market With a Bowling Alley and Lazy River for $17.5M, discounted from the initial $21 million listing last year.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Housing Wire

MARCH 17, 2022

As HUD considers mortgage insurance premium (MIP) changes in the aftermath of FHA’s record-breaking FY 2021 performance with $100 billion of capital reserves and a capital ratio of 8%, it is time to address the “elephant in the room.” The life-of-loan policy has always been at the heart of the debate about FHA premiums.

Insurance 433

Insurance Finance Mortgage Sellers 433

GoForrmz

JULY 18, 2022

All the information from every patient visit, including the digital patient forms they fill out all the way to their payment and insurance information gets included in the ecosystem of big data. ” — Encore Health Resources (2013). As technology advances, new options for patient care technologies hit the market regularly.

Technology 148

Technology Training Law Insurance 148

Simonson Real Estate

JANUARY 23, 2020

Labor costs continue to climb for retailers, both from cities and states raising minimum wage requirements and tight labor market. Often times, the tenant is able to rationalize these locations with part of the costs allocated for marketing. Blackstone and Prologis control 10% of the industrial market nationally. Industrial.

Real Estate 78

Real Estate Tenants Retail Valuation 78

Appraisal Today

SEPTEMBER 30, 2022

Off and on the market since 2013. National Counsel for Liability Insurance Administrators. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market. But this is a massive deal for buyers in today’s market who are trying to afford a house.

Appraisal 52

Appraisal Inspection Easement Contracts 52